News

Retail
UK Merchants Reckon With Post-Pandemic Contactless Retail Reality
April 01, 2021

Consumers in the U.K., much like consumers most everywhere, have gone decidedly digital in the last 12 months, a fact demonstrated by the numbers in the recently released PYMNTS/Cybersource Global Digital Shopping Index U.K. Edition. Close to half of all U.K. consumers — 46 percent —...

B2B Payments
Entersekt CFO Celebrates Privileged Position Of Finance Team
April 01, 2021

Finance leaders dashed to digitization in the early days of the pandemic — not only as a means of promoting business continuity amid work-from-home requirements but also as a means of accelerating modernization plans that in many cases had already been in place. For all...

B2B Payments
Airbase Adds Expense-Reimbursement Tool
April 01, 2021

Airbase, which calls itself a “comprehensive spend management platform for small and midsize companies,” has added an employee expense-reimbursement tool. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

IPO
SEC Official Raises Red Flag On SPAC Risks
March 31, 2021

Paul Munter, acting chief accountant at the Securities and Exchange Commission (SEC), issued a warning Wednesday (March 31) to Wall Street over the problems with special purpose acquisition companies (SPACs), Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy...

B2B Payments
Next Insurance Notches $250 Million For SMB Insurance Tech
March 31, 2021

InsurTech firm Next Insurance has landed a $250 million infusion in a round headed up by Battery Ventures and FinTLV Ventures. The round also saw the involvement of G Squared, Founders Circle, Zeev Ventures, Group 11 and CapitalG, according to a Wednesday (March 31) announcement....

Security & Fraud
DHS Secretary Singles Out Ransomware As Cybercrime Priority
March 31, 2021

Department of Homeland Security (DHS) Secretary Alejandro Mayorkas will make stopping ransomware attacks a priority in the new administration, Reuters reported. His focus on that subject shows the increasing need to meet the threat of data-scrambling software. Get the Full Story Complete the form to...

Partnerships / Acquisitions
Mastercard Augments Cards With Emburse Spend Management
March 31, 2021

Emburse is teaming with Mastercard to equip card-issuing financial institutions (FIs) with detailed spend management features. FIs that issue Mastercards can provide a tailored version of Emburse and provide a connected offering that lets businesses simply collect, verify and reconcile expenses charged to cards, according...

Bitcoin
Bitcoin Daily: RocketFuel Launches One-Click Crypto Checkout; FCA Requires UK Crypto Companies To Submit Financial...
March 31, 2021

RocketFuel Blockchain, which works on one-click online payments with bitcoin and other cryptocurrencies, has rolled out a blockchain-based payment solution, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
Robinhood Ditches Some Of Its Controversial Glitz
March 31, 2021

Robinhood, the investing platform that boasts about its attention to making trading fun — and has drawn fire from lawmakers and others for being good at it — is making its user experience a little more sober. Get the Full Story Complete the form to...